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Hollinger's Black
Surrenders Board,
Executive Positions

TORONTO -- Conrad Black stepped down as a director and executive of Hollinger Inc., marking another retreat for the newspaper baron in his battle over alleged excessive compensation.

Lord Black said last week he was planning to step down as chairman and chief executive of the Toronto holding company in which he is the controlling shareholder. Hollinger, in turn, holds voting control over Chicago newspaper publisher Hollinger International Inc.